Colgate-Palmolive Company - Company Overview and Analysis, 2023 Update
Summary
Company Analysis 2023: Colgate-Palmolive Company, reports key findings as of 21th July, 2023 based on market analysis and brand diversification by industry and geography.
Colgate-Palmolive Co (Colgate-Palmolive) is an American multinational manufacturer of consumer goods, with most of its sales coming from the cosmetics & toiletries (C&T) (63.9%) and pet care (20.4%) industries. Colgate-Palmolive operates its business across all regions worldwide. Its major business is concentrated in North America, which accounted for 26.1% of value sales in 2022. The company’s key market includes the US, generating 23.7% of sales in 2022. This was followed by China and Mexico. GlobalData’s thematic scorecard shows that Colgate-Palmolive is placed at the fourth position in the household care thematic scorecard with a score of four in the environmental, social, and governance (ESG) theme. The company is also actively investing in the ecommerce, health & wellness, artificial intelligence (AI), direct-to-consumer, and easy & affordability themes.
Scope
Colgate-Palmolive has a diversified geographical presence worldwide
All regions globally to present favorable market conditions for C&T industry during the forecast period
The Americas, Asia, and West Europe to remain key regions for Colgate-Palmolive
Colgate-Palmolive saw a decline in sentiment score in July 2022
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